International Digital Money Transfer Transactions to Reach 2 Billion by 2024
- 5 years 5 months ago
- Money Transfers
A new study from Juniper Research has found that global international digital money transfer transaction volume will reach 2 billion by 2024; up from 1.1 billion in 2019.
Morgan Stanley Vets Launch Cryptocurrency Derivatives Trading Platform
- 5 years 5 months ago
- Cryptocurrencies
A group of former Morgan Stanley executives is building a cryptocurrency derivatives trading platform. Based in Sinagpore, Phemex is the brainchild of Jack Tao, an 11 year Morgan Stanley veteran who worked as a software engineer on the bank's electronic trading desk, specialising in high frequency trading. Tao has assembled a group of eight former Morgan Stanley staffers for the new venture, which wants to be "the world's most trustworthy... more
Payments Fraud Poses Risk to Retail Growth
- 5 years 5 months ago
- Payments
Thousands of retailers and millions of shoppers are being targeted by fraudsters this weekend as the holiday shopping season begins, according to a comprehensive study by retail and fraud experts at GBG – the global identity data specialist.
Wirecard provides seamless payment solutions to ride hailing platform CarGo Technologies
- 5 years 5 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology is cooperating with CarGo Technologies for seamless payment solutions. The goal is to team up for all in-app payments for the ride hailing platform in Belgrade, Vienna and Zurich where CarGo Technologies is present, and as a payment partner for the company’s expansion.
Airbnb EU payments base opens in Luxembourg
- 5 years 5 months ago
- Payments
Airbnb has officially announced that they are set to process EU payments through Luxembourg as of 2020, as a result of Britain’s departure from the European Union. The American private home rental platform, Airbnb, has announced that EU payments between hosts and guests will be processed through the Grand Duchy as of 2020. The company opened a subsidiary in Luxembourg at the end of last year and has now been granted a payment institution license... more
Computop POS terminals now compatible with treibauf Pepper interface
- 5 years 5 months ago
- Payments
Computop, a leading global payment processor, today announced that its highly secure card terminals are available with the EFTPOS integration interface, Pepper, from the Swiss software service provider treibauf. The Computop card readers can now be accessed via this interface by almost 100 common POS systems.
Travelex establishes new Asia-Pacific headquarters in Shanghai
- 5 years 5 months ago
- Payments
Travelex, a Finablr company and a market leading independent foreign exchange specialist, today announced that it has established a new Asia-Pacific headquarters in Shanghai. As part of the move, Travelex is one of four companies to participate in the prestigious Certificating Ceremony for Multinational Corporation’s Regional Headquarters and Research & Development (R&D) Centers.
bitFlyer launches ‘Instant Buy’ to make buying cryptocurrency more accessible
- 5 years 5 months ago
- Blockchain, Cryptocurrencies
Today, leading cryptocurrency exchange bitFlyer has announced the launch of Instant Buy on its Buy/Sell exchange platform in Europe. The feature, available on desktop and smartphone, allows users to buy cryptocurrency directly from bitFlyer, using credit card, debit card or local instant transfer methods such as Sofort, iDeal and GiroPay.
Cards are the preferred payment method for both consumers and merchants
- 5 years 5 months ago
- Payments
According to a new report ‘Cards in the evolving European payments landscape’ presented today by Payments Europe, Europeans believe that card payments provide more added value than any other payment method. Nine in ten consumers (87%) across Europe feel comfortable paying by card as it helps ensure safe and secure transactions. Ninety percent of retailers agree that the benefits brought by card payments outweigh any associated cost.
Cryptocurrency Firm Gemini Hires Starling Co-founder Sawyer to Lead European Expansion
- 5 years 5 months ago
- Blockchain, Cryptocurrencies
Gemini, the cryptocurrency exchange set up by the Winklevoss twins, has hired Starling Bank co-founder Julian Sawyer to spearhead a move into the European market. Sawyer has been appointed managing director of the UK and Europe, responsible for shaping Gemini's overall strategy in the region, developing products and hiring out a team from his base in London. Sawyer left Starling in the summer after four years as COO of the app-only bank he co-... more
NatWest Opens Doors to UK’s Entrepreneur Community
- 5 years 5 months ago
- Payments
NatWest has today announced it is opening its doors to new applications to join its in-house Entrepreneur Accelerator programme, offering a fully funded support programme for UK scale-ups and high growth businesses looking to scale and succeed. The bank is now accepting applications from growing businesses with ambition to scale to join the programme, with aims to support around 1,600 businesses through the programme next year.
Jan Siegmund Appointed to Western Union Board of Directors
- 5 years 5 months ago
- Money Transfers, People Moves
The Western Union Company, a leader in cross-border, cross-currency money movement and payment services, today announced that Jan Siegmund has been appointed to the Company’s Board of Directors, effective December 4, 2019. Mr. Siegmund will also serve on the Audit Committee of the Board.
Judopay CEO Selected To Join The EPA Advisory Board
- 5 years 5 months ago
- Payments, Consultancy
Judopay’s CEO Jeremy Nicholds has been selected to join the Emerging Payments Association (EPA) advisory board. The EPA is managed by its senior leadership team and receives guidance and steering from the EPA Advisory Board. The EPA Advisory Board is composed of 14 highly effective CEOs from leading payments companies who all have a desire to change the payments industry and create a profitable, sustainable payments ecosystem.
Temtum Launches World’s First Decentralized Text Message Payments
- 5 years 5 months ago
- Payments
Temtum (temtum.com), the quantum-secure, efficient, and carbon-neutral cryptocurrency network capable of 120,000 transactions per second, today announced the launch of its SMS payments system. As the first decentralized, network-based SMS payments solution, temtum allows anyone to send cryptocurrency instantly via SMS, with no fees and no need for a smartphone. temtum’s SMS payments allow the estimated 1.7 billion unbanked people to share funds... more
The EPA Strengthens 2020 Advisory Board with International, Entrepreneurial and Diverse Talent
- 5 years 5 months ago
- Payments
The Emerging Payment Awards (EPA), a celebration of collaboration and innovation within new and existing finance companies, has today appointed three of Fintech’s top minds to its Advisory Board. Jeremy Nicholds, CEO at Judopay, Anna Tsyupko, CEO at Paybase, and Muhammad Asim, CEO at Arro Money join the current EPA Advisory Board from January 2020, as voted by EPA members and with a three-year term.
